{ "ticker": { "uuid": "ef984c8a-ceaf-4191-a0c3-df9c8552c518", "symbol": "PEN", "name": "Pennant International Group plc", "exchange": "LSE", "country": "GB", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 63.733, "architecture_energy": 53.357, "architecture_maturity": 45.206, "architecture_confidence": 92.01, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 4.2, "rotation_up": 63.36, "upward_expansion": 83.95, "deceleration": 61.42, "rotation_down": 19.07, "downward_expansion": 8.28 }, "activity_lines": [ 0.290333, 0.282455, 0.256919, 0.242017 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 0.29, "trend_reference": 0.226067, "distance_from_trend": 0.282807, "trend_direction": "Improving", "fair_value": 0.266147, "distance_from_fair_value": 0.089622, "fair_value_direction": "Improving", "relative_strength": 20.528562, "relative_strength_direction": "Improving", "price_momentum": 0.414634, "excess_performance": 0.363399, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.282807, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.110529, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.089622, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.436234, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.205286, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.472364, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.414634, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.1636, "read": "Demand-led" } ], "volume": { "latest": 406258, "relative_activity": 1.496422, "balance": 5.1636, "dry_up": 1.081531, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.109743, "annualized_volatility": 0.359229, "from_high_reference": -0.064516, "from_low_reference": 0.705882 }, "levels": { "trend_reference": 0.226067, "fair_value_reference": 0.266147, "structural_low": 0.17, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": -0.058142, "positive_rate": 0.3125, "directional_follow_through": 0.3125, "median_excess_return": -0.032591, "regime_survival": 0.625, "best_return": 0.212121, "worst_return": -0.191176, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.063291, "positive_rate": 0.142857, "directional_follow_through": 0.142857, "median_excess_return": -0.020533, "regime_survival": 0.571429, "best_return": 0.172414, "worst_return": -0.262295, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.116153, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.086692, "regime_survival": 0.25, "best_return": 0.051724, "worst_return": -0.327869, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.240506, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.234373, "regime_survival": 0.0, "best_return": -0.183099, "worst_return": -0.293103, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-31", "end": "2024-09-13", "tenure": "Established", "return": 0.038462, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-11-22", "tenure": "Developing", "return": 0.037037, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-29", "end": "2024-12-06", "tenure": "New", "return": 0.017857, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-01-17", "tenure": "Developing", "return": -0.113793, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-24", "end": "2025-03-07", "tenure": "Developing", "return": 0.146245, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-06-27", "tenure": "Established", "return": -0.147059, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": -0.163636, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-22", "end": "2026-02-20", "tenure": "Extended", "return": -0.065217, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.113636, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.055556, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-05-29", "tenure": "Developing", "return": 0.291209, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-05", "end": "2026-06-12", "tenure": "New", "return": 0.106383, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.137255, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 0.375, "volume": 153330, "typical_volume": 185169.5, "trend": 0.372367, "fair_value": 0.360712, "relative_strength": 10.834171, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.477194, "energy": 8.093511, "activity_lines": [ 0.373667, 0.372727, 0.374976, 0.375871 ] }, { "date": "2023-08-25", "close": 0.37, "volume": 53536, "typical_volume": 184966.65, "trend": 0.3742, "fair_value": 0.360936, "relative_strength": 7.912187, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.074702, "energy": 4.060466, "activity_lines": [ 0.372333, 0.371818, 0.374276, 0.375718 ] }, { "date": "2023-09-01", "close": 0.37, "volume": 35500, "typical_volume": 171681.05, "trend": 0.376867, "fair_value": 0.361256, "relative_strength": 5.787613, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.747249, "energy": 21.37365, "activity_lines": [ 0.371333, 0.371545, 0.373576, 0.375447 ] }, { "date": "2023-09-08", "close": 0.38, "volume": 140999, "typical_volume": 166583.95, "trend": 0.378367, "fair_value": 0.361641, "relative_strength": 8.034274, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.741529, "energy": 10.310818, "activity_lines": [ 0.374, 0.373273, 0.373876, 0.375649 ] }, { "date": "2023-09-15", "close": 0.38, "volume": 78278, "typical_volume": 152534.55, "trend": 0.378433, "fair_value": 0.362058, "relative_strength": 4.374438, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.997012, "energy": 7.155633, "activity_lines": [ 0.376333, 0.374727, 0.3742, 0.375755 ] }, { "date": "2023-09-22", "close": 0.375, "volume": 196777, "typical_volume": 137176.2, "trend": 0.3771, "fair_value": 0.362218, "relative_strength": 3.14506, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.070985, "energy": 9.019902, "activity_lines": [ 0.376333, 0.375, 0.374024, 0.375533 ] }, { "date": "2023-09-29", "close": 0.33, "volume": 774775, "typical_volume": 162629.0, "trend": 0.374933, "fair_value": 0.36209, "relative_strength": -8.322714, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.028657, "energy": 45.665851, "activity_lines": [ 0.361333, 0.366909, 0.369705, 0.372495 ] }, { "date": "2023-10-06", "close": 0.27, "volume": 1041688, "typical_volume": 209534.8, "trend": 0.3716, "fair_value": 0.361436, "relative_strength": -23.552508, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.997168, "energy": 79.098992, "activity_lines": [ 0.329, 0.348727, 0.360029, 0.365725 ] }, { "date": "2023-10-13", "close": 0.305, "volume": 430727, "typical_volume": 223406.3, "trend": 0.3689, "fair_value": 0.360923, "relative_strength": -14.608547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.850564, "energy": 75.610285, "activity_lines": [ 0.315, 0.338818, 0.354233, 0.361428 ] }, { "date": "2023-10-20", "close": 0.275, "volume": 171551, "typical_volume": 230583.85, "trend": 0.365733, "fair_value": 0.360346, "relative_strength": -20.598862, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.296134, "energy": 83.512787, "activity_lines": [ 0.296, 0.324727, 0.34589, 0.35537 ] }, { "date": "2023-10-27", "close": 0.265, "volume": 59204, "typical_volume": 232111.2, "trend": 0.362233, "fair_value": 0.359929, "relative_strength": -21.964606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.085947, "energy": 86.860202, "activity_lines": [ 0.280667, 0.310545, 0.337048, 0.348871 ] }, { "date": "2023-11-03", "close": 0.285, "volume": 255327, "typical_volume": 210058.0, "trend": 0.3594, "fair_value": 0.359673, "relative_strength": -17.257524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.607446, "energy": 74.640352, "activity_lines": [ 0.279333, 0.302, 0.330524, 0.343888 ] }, { "date": "2023-11-10", "close": 0.27, "volume": 64648, "typical_volume": 208036.85, "trend": 0.355733, "fair_value": 0.359224, "relative_strength": -20.637976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.775908, "energy": 67.431071, "activity_lines": [ 0.276, 0.292273, 0.323143, 0.33812 ] }, { "date": "2023-11-17", "close": 0.29, "volume": 91767, "typical_volume": 206346.15, "trend": 0.352567, "fair_value": 0.358712, "relative_strength": -16.038767, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.396095, "energy": 49.667571, "activity_lines": [ 0.279333, 0.288, 0.31819, 0.33388 ] }, { "date": "2023-11-24", "close": 0.3, "volume": 114338, "typical_volume": 209245.65, "trend": 0.350067, "fair_value": 0.358038, "relative_strength": -12.664075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.997673, "energy": 38.783327, "activity_lines": [ 0.287, 0.287182, 0.314548, 0.330488 ] }, { "date": "2023-12-01", "close": 0.31, "volume": 11293, "typical_volume": 204313.4, "trend": 0.3469, "fair_value": 0.357526, "relative_strength": -10.1525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.861317, "energy": 28.134908, "activity_lines": [ 0.296333, 0.289636, 0.312167, 0.327903 ] }, { "date": "2023-12-08", "close": 0.305, "volume": 258342, "typical_volume": 205897.6, "trend": 0.343567, "fair_value": 0.357045, "relative_strength": -11.755953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.468158, "energy": 20.059456, "activity_lines": [ 0.301, 0.292364, 0.309571, 0.3252 ] }, { "date": "2023-12-15", "close": 0.31, "volume": 256310, "typical_volume": 213485.05, "trend": 0.341067, "fair_value": 0.356564, "relative_strength": -10.44025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.09642, "energy": 20.093436, "activity_lines": [ 0.306, 0.296455, 0.307786, 0.323034 ] }, { "date": "2023-12-22", "close": 0.31, "volume": 86689, "typical_volume": 216340.7, "trend": 0.339067, "fair_value": 0.355923, "relative_strength": -11.804324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.818511, "energy": 18.435631, "activity_lines": [ 0.308333, 0.299818, 0.30631, 0.32103 ] }, { "date": "2023-12-29", "close": 0.31, "volume": 17843, "typical_volume": 214646.1, "trend": 0.337067, "fair_value": 0.355218, "relative_strength": -12.180287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.894811, "energy": 16.393742, "activity_lines": [ 0.309333, 0.303091, 0.305143, 0.319155 ] }, { "date": "2024-01-05", "close": 0.31, "volume": 54219, "typical_volume": 209690.55, "trend": 0.335667, "fair_value": 0.354641, "relative_strength": -11.732573, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.810835, "energy": 12.759273, "activity_lines": [ 0.309667, 0.305727, 0.304262, 0.317409 ] }, { "date": "2024-01-12", "close": 0.31, "volume": 416975, "typical_volume": 227862.5, "trend": 0.3325, "fair_value": 0.353808, "relative_strength": -11.050015, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.139756, "energy": 11.474898, "activity_lines": [ 0.31, 0.307545, 0.30369, 0.315753 ] }, { "date": "2024-01-19", "close": 0.335, "volume": 626518, "typical_volume": 257413.4, "trend": 0.331, "fair_value": 0.352686, "relative_strength": -2.009584, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.793779, "energy": 11.764788, "activity_lines": [ 0.318333, 0.313455, 0.305786, 0.315914 ] }, { "date": "2024-01-26", "close": 0.345, "volume": 227089, "typical_volume": 261717.9, "trend": 0.330333, "fair_value": 0.351756, "relative_strength": -1.564645, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.835029, "energy": 33.471009, "activity_lines": [ 0.328333, 0.32, 0.309, 0.316817 ] }, { "date": "2024-02-02", "close": 0.345, "volume": 215556, "typical_volume": 268581.8, "trend": 0.329667, "fair_value": 0.350859, "relative_strength": -1.665657, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.342449, "energy": 51.864692, "activity_lines": [ 0.336, 0.325545, 0.312381, 0.317763 ] }, { "date": "2024-02-09", "close": 0.315, "volume": 928998, "typical_volume": 305192.85, "trend": 0.328, "fair_value": 0.349769, "relative_strength": -9.673828, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.58834, "energy": 36.479833, "activity_lines": [ 0.331333, 0.324818, 0.313071, 0.316817 ] }, { "date": "2024-02-16", "close": 0.31, "volume": 67355, "typical_volume": 269821.85, "trend": 0.325833, "fair_value": 0.348872, "relative_strength": -12.454145, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -8.960869, "energy": 14.509185, "activity_lines": [ 0.324667, 0.323091, 0.313571, 0.315656 ] }, { "date": "2024-02-23", "close": 0.31, "volume": 104077, "typical_volume": 222941.3, "trend": 0.323667, "fair_value": 0.348135, "relative_strength": -11.933714, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.97943, "energy": 14.160551, "activity_lines": [ 0.318, 0.321273, 0.314167, 0.314634 ] }, { "date": "2024-03-01", "close": 0.3, "volume": 139902, "typical_volume": 208400.05, "trend": 0.321167, "fair_value": 0.347077, "relative_strength": -14.12536, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.779327, "energy": 25.738491, "activity_lines": [ 0.309667, 0.317636, 0.313619, 0.313108 ] }, { "date": "2024-03-08", "close": 0.3, "volume": 111291, "typical_volume": 205387.05, "trend": 0.318833, "fair_value": 0.345859, "relative_strength": -13.555871, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.621397, "energy": 28.049062, "activity_lines": [ 0.304333, 0.314182, 0.313095, 0.311742 ] }, { "date": "2024-03-15", "close": 0.295, "volume": 151644, "typical_volume": 210009.05, "trend": 0.316167, "fair_value": 0.344609, "relative_strength": -15.221508, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.022285, "energy": 36.813073, "activity_lines": [ 0.300333, 0.31, 0.311976, 0.310204 ] }, { "date": "2024-03-22", "close": 0.297, "volume": 283383, "typical_volume": 211411.85, "trend": 0.313733, "fair_value": 0.34366, "relative_strength": -16.389979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.375746, "energy": 44.594387, "activity_lines": [ 0.298333, 0.306455, 0.310905, 0.308968 ] }, { "date": "2024-03-29", "close": 0.297, "volume": 87487, "typical_volume": 212553.8, "trend": 0.3113, "fair_value": 0.342679, "relative_strength": -16.217542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.342542, "energy": 42.798918, "activity_lines": [ 0.2972, 0.303145, 0.309776, 0.307888 ] }, { "date": "2024-04-05", "close": 0.305, "volume": 92430, "typical_volume": 212586.95, "trend": 0.3088, "fair_value": 0.341718, "relative_strength": -13.164339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -25.706577, "energy": 23.123822, "activity_lines": [ 0.2996, 0.301982, 0.309281, 0.307482 ] }, { "date": "2024-04-12", "close": 0.305, "volume": 220263, "typical_volume": 217883.2, "trend": 0.3063, "fair_value": 0.340692, "relative_strength": -13.702414, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.996114, "energy": 9.335572, "activity_lines": [ 0.301667, 0.301545, 0.308714, 0.307237 ] }, { "date": "2024-04-19", "close": 0.285, "volume": 451226, "typical_volume": 239879.85, "trend": 0.3033, "fair_value": 0.339635, "relative_strength": -17.894673, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -28.655412, "energy": 20.683738, "activity_lines": [ 0.296733, 0.2982, 0.306219, 0.305862 ] }, { "date": "2024-04-26", "close": 0.285, "volume": 367006, "typical_volume": 245313.05, "trend": 0.3018, "fair_value": 0.338769, "relative_strength": -19.912298, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -36.192145, "energy": 29.945601, "activity_lines": [ 0.292467, 0.2954, 0.303843, 0.304682 ] }, { "date": "2024-05-03", "close": 0.29, "volume": 189058, "typical_volume": 241950.45, "trend": 0.302467, "fair_value": 0.337795, "relative_strength": -18.638682, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -29.352448, "energy": 38.201968, "activity_lines": [ 0.290667, 0.293964, 0.302038, 0.30392 ] }, { "date": "2024-05-10", "close": 0.315, "volume": 328914, "typical_volume": 254061.7, "trend": 0.3028, "fair_value": 0.336962, "relative_strength": -13.362043, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.51935, "energy": 16.63598, "activity_lines": [ 0.297667, 0.297436, 0.30271, 0.304729 ] }, { "date": "2024-05-17", "close": 0.285, "volume": 730384, "typical_volume": 289688.75, "trend": 0.303133, "fair_value": 0.335936, "relative_strength": -20.930789, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -32.939384, "energy": 22.508408, "activity_lines": [ 0.294, 0.295182, 0.3005, 0.303581 ] }, { "date": "2024-05-24", "close": 0.265, "volume": 505409, "typical_volume": 312248.25, "trend": 0.303133, "fair_value": 0.334942, "relative_strength": -25.01079, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.733769, "energy": 46.799428, "activity_lines": [ 0.285, 0.289564, 0.296505, 0.30112 ] }, { "date": "2024-05-31", "close": 0.26, "volume": 685766, "typical_volume": 325687.8, "trend": 0.3023, "fair_value": 0.334013, "relative_strength": -25.469613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.604873, "energy": 64.51889, "activity_lines": [ 0.275667, 0.283582, 0.292248, 0.298338 ] }, { "date": "2024-06-07", "close": 0.26, "volume": 302310, "typical_volume": 309477.4, "trend": 0.301967, "fair_value": 0.333179, "relative_strength": -24.682598, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.161742, "energy": 76.871118, "activity_lines": [ 0.268, 0.278273, 0.288229, 0.295609 ] }, { "date": "2024-06-14", "close": 0.255, "volume": 170020, "typical_volume": 306623.95, "trend": 0.3008, "fair_value": 0.332314, "relative_strength": -24.485491, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.262726, "energy": 78.864291, "activity_lines": [ 0.260667, 0.272727, 0.28409, 0.292578 ] }, { "date": "2024-06-21", "close": 0.25, "volume": 1557140, "typical_volume": 373703.15, "trend": 0.299133, "fair_value": 0.331481, "relative_strength": -26.076465, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.955676, "energy": 76.955061, "activity_lines": [ 0.255667, 0.267182, 0.279905, 0.289301 ] }, { "date": "2024-06-28", "close": 0.252, "volume": 205022, "typical_volume": 337504.35, "trend": 0.2972, "fair_value": 0.330692, "relative_strength": -24.188431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.493012, "energy": 64.378847, "activity_lines": [ 0.253667, 0.263, 0.276362, 0.28626 ] }, { "date": "2024-07-05", "close": 0.247, "volume": 110419, "typical_volume": 339657.55, "trend": 0.295267, "fair_value": 0.33, "relative_strength": -25.341184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.951768, "energy": 52.644284, "activity_lines": [ 0.250867, 0.258509, 0.272643, 0.283022 ] }, { "date": "2024-07-12", "close": 0.245, "volume": 164894, "typical_volume": 342698.4, "trend": 0.2931, "fair_value": 0.329391, "relative_strength": -25.697706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.216257, "energy": 49.694118, "activity_lines": [ 0.248267, 0.254345, 0.269033, 0.279778 ] }, { "date": "2024-07-19", "close": 0.235, "volume": 347635, "typical_volume": 353085.05, "trend": 0.2906, "fair_value": 0.328686, "relative_strength": -27.175887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.123901, "energy": 51.743577, "activity_lines": [ 0.243333, 0.249182, 0.264781, 0.27603 ] }, { "date": "2024-07-26", "close": 0.24, "volume": 226850, "typical_volume": 358863.0, "trend": 0.288267, "fair_value": 0.328077, "relative_strength": -26.083012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.886153, "energy": 47.814709, "activity_lines": [ 0.2414, 0.246382, 0.261314, 0.272766 ] }, { "date": "2024-08-02", "close": 0.24, "volume": 47938, "typical_volume": 353677.7, "trend": 0.285933, "fair_value": 0.327532, "relative_strength": -24.328618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.556627, "energy": 44.82759, "activity_lines": [ 0.240133, 0.2444, 0.258133, 0.269652 ] }, { "date": "2024-08-09", "close": 0.24, "volume": 905928, "typical_volume": 384804.95, "trend": 0.2836, "fair_value": 0.327051, "relative_strength": -23.517158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.30936, "energy": 42.608564, "activity_lines": [ 0.239667, 0.242873, 0.255214, 0.266688 ] }, { "date": "2024-08-16", "close": 0.24, "volume": 807749, "typical_volume": 420818.05, "trend": 0.280433, "fair_value": 0.326474, "relative_strength": -23.969613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.91924, "energy": 39.706379, "activity_lines": [ 0.239667, 0.241709, 0.252567, 0.263875 ] }, { "date": "2024-08-23", "close": 0.24, "volume": 136483, "typical_volume": 423020.7, "trend": 0.276933, "fair_value": 0.325929, "relative_strength": -23.280278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.744464, "energy": 37.496833, "activity_lines": [ 0.24, 0.240909, 0.25019, 0.261267 ] }, { "date": "2024-08-30", "close": 0.25, "volume": 88759, "typical_volume": 416445.5, "trend": 0.273767, "fair_value": 0.325769, "relative_strength": -19.738794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.224431, "energy": 28.010549, "activity_lines": [ 0.243333, 0.2422, 0.249076, 0.259529 ] }, { "date": "2024-09-06", "close": 0.265, "volume": 155661, "typical_volume": 401667.25, "trend": 0.2721, "fair_value": 0.325609, "relative_strength": -12.056382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.658605, "energy": 14.422847, "activity_lines": [ 0.251, 0.246218, 0.249652, 0.258963 ] }, { "date": "2024-09-13", "close": 0.27, "volume": 40391, "typical_volume": 385336.5, "trend": 0.270767, "fair_value": 0.325545, "relative_strength": -10.612428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.869307, "energy": 11.50615, "activity_lines": [ 0.258667, 0.250909, 0.2508, 0.258828 ] }, { "date": "2024-09-20", "close": 0.27, "volume": 16760, "typical_volume": 376721.6, "trend": 0.269433, "fair_value": 0.325224, "relative_strength": -9.380788, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.454401, "energy": 21.65973, "activity_lines": [ 0.264333, 0.255182, 0.252019, 0.258778 ] }, { "date": "2024-09-27", "close": 0.25, "volume": 526524, "typical_volume": 386602.1, "trend": 0.267767, "fair_value": 0.32484, "relative_strength": -16.417126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.328108, "energy": 18.321567, "activity_lines": [ 0.261333, 0.255364, 0.251429, 0.257525 ] }, { "date": "2024-10-04", "close": 0.245, "volume": 51063, "typical_volume": 352636.05, "trend": 0.265933, "fair_value": 0.324487, "relative_strength": -17.406625, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.808708, "energy": 13.642578, "activity_lines": [ 0.256, 0.254364, 0.250671, 0.256056 ] }, { "date": "2024-10-11", "close": 0.245, "volume": 432847, "typical_volume": 349007.95, "trend": 0.264267, "fair_value": 0.324135, "relative_strength": -16.669974, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.778186, "energy": 18.794937, "activity_lines": [ 0.251, 0.253273, 0.250105, 0.254705 ] }, { "date": "2024-10-18", "close": 0.245, "volume": 130976, "typical_volume": 321268.45, "trend": 0.262533, "fair_value": 0.32375, "relative_strength": -17.363069, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.548655, "energy": 28.99523, "activity_lines": [ 0.247333, 0.252091, 0.249633, 0.253462 ] }, { "date": "2024-10-25", "close": 0.273, "volume": 263533, "typical_volume": 319329.6, "trend": 0.261733, "fair_value": 0.323564, "relative_strength": -6.531864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.27405, "energy": 9.128546, "activity_lines": [ 0.254667, 0.255909, 0.2519, 0.254138 ] }, { "date": "2024-11-01", "close": 0.265, "volume": 81116, "typical_volume": 314884.4, "trend": 0.2604, "fair_value": 0.323308, "relative_strength": -8.17649, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.191871, "energy": 9.102143, "activity_lines": [ 0.259133, 0.257673, 0.253343, 0.254348 ] }, { "date": "2024-11-08", "close": 0.26, "volume": 745626, "typical_volume": 274308.7, "trend": 0.2589, "fair_value": 0.323058, "relative_strength": -8.516412, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.898048, "energy": 17.141981, "activity_lines": [ 0.260933, 0.258073, 0.254262, 0.254323 ] }, { "date": "2024-11-15", "close": 0.26, "volume": 1280534, "typical_volume": 328084.3, "trend": 0.258067, "fair_value": 0.322808, "relative_strength": -8.095251, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.014893, "energy": 22.270905, "activity_lines": [ 0.261733, 0.258291, 0.255133, 0.254394 ] }, { "date": "2024-11-22", "close": 0.28, "volume": 459241, "typical_volume": 345525.4, "trend": 0.2579, "fair_value": 0.322712, "relative_strength": -3.075567, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.258576, "energy": 41.883836, "activity_lines": [ 0.2682, 0.262236, 0.257871, 0.255809 ] }, { "date": "2024-11-29", "close": 0.28, "volume": 222272, "typical_volume": 348394.3, "trend": 0.257567, "fair_value": 0.322423, "relative_strength": -2.976195, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.916847, "energy": 44.061171, "activity_lines": [ 0.272333, 0.266, 0.260452, 0.257234 ] }, { "date": "2024-12-06", "close": 0.285, "volume": 352750, "typical_volume": 348650.05, "trend": 0.256567, "fair_value": 0.322295, "relative_strength": -1.165412, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.030399, "energy": 60.082556, "activity_lines": [ 0.277667, 0.270491, 0.263343, 0.259004 ] }, { "date": "2024-12-13", "close": 0.29, "volume": 351032, "typical_volume": 354859.15, "trend": 0.256733, "fair_value": 0.322199, "relative_strength": 1.003658, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.214302, "energy": 65.225129, "activity_lines": [ 0.283333, 0.275255, 0.266471, 0.261161 ] }, { "date": "2024-12-20", "close": 0.29, "volume": 89052, "typical_volume": 356914.85, "trend": 0.257567, "fair_value": 0.322038, "relative_strength": 3.952876, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.452429, "energy": 60.88181, "activity_lines": [ 0.287, 0.2792, 0.269362, 0.263308 ] }, { "date": "2024-12-27", "close": 0.295, "volume": 32776, "typical_volume": 313257.25, "trend": 0.258733, "fair_value": 0.321878, "relative_strength": 5.127078, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.74062, "energy": 66.780894, "activity_lines": [ 0.290333, 0.283236, 0.27249, 0.265723 ] }, { "date": "2025-01-03", "close": 0.28, "volume": 235228, "typical_volume": 284631.2, "trend": 0.2594, "fair_value": 0.321397, "relative_strength": -0.771286, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.55688, "energy": 42.951441, "activity_lines": [ 0.287667, 0.283636, 0.273929, 0.267095 ] }, { "date": "2025-01-10", "close": 0.28, "volume": 50476, "typical_volume": 280330.85, "trend": 0.260233, "fair_value": 0.321032, "relative_strength": -0.692503, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.900678, "energy": 33.558656, "activity_lines": [ 0.285, 0.283909, 0.275176, 0.268424 ] }, { "date": "2025-01-17", "close": 0.257, "volume": 161513, "typical_volume": 283968.55, "trend": 0.260467, "fair_value": 0.320212, "relative_strength": -10.864903, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.347443, "energy": 12.791093, "activity_lines": [ 0.275, 0.279727, 0.274043, 0.268215 ] }, { "date": "2025-01-24", "close": 0.253, "volume": 409261, "typical_volume": 296648.55, "trend": 0.2605, "fair_value": 0.319462, "relative_strength": -11.448234, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.114055, "energy": 16.87923, "activity_lines": [ 0.265867, 0.274873, 0.272495, 0.267733 ] }, { "date": "2025-01-31", "close": 0.265, "volume": 232916, "typical_volume": 306274.8, "trend": 0.2611, "fair_value": 0.318885, "relative_strength": -8.309026, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.202473, "energy": 21.623781, "activity_lines": [ 0.2632, 0.272327, 0.272148, 0.268024 ] }, { "date": "2025-02-07", "close": 0.285, "volume": 477915, "typical_volume": 329332.55, "trend": 0.262433, "fair_value": 0.318436, "relative_strength": -1.185105, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.648195, "energy": 18.123932, "activity_lines": [ 0.2692, 0.273691, 0.273729, 0.269566 ] }, { "date": "2025-02-14", "close": 0.275, "volume": 244561, "typical_volume": 315234.4, "trend": 0.263767, "fair_value": 0.317987, "relative_strength": -4.519404, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.562986, "energy": 10.079953, "activity_lines": [ 0.271533, 0.273145, 0.274286, 0.270376 ] }, { "date": "2025-02-21", "close": 0.275, "volume": 270343, "typical_volume": 326198.4, "trend": 0.264933, "fair_value": 0.317699, "relative_strength": -3.235545, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.027802, "energy": 16.301268, "activity_lines": [ 0.2742, 0.272782, 0.274724, 0.271101 ] }, { "date": "2025-02-28", "close": 0.285, "volume": 341704, "typical_volume": 321641.25, "trend": 0.266433, "fair_value": 0.317474, "relative_strength": -1.03928, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 43.579319, "energy": 26.38973, "activity_lines": [ 0.279, 0.274509, 0.275971, 0.272396 ] }, { "date": "2025-03-07", "close": 0.29, "volume": 222973, "typical_volume": 326241.1, "trend": 0.2681, "fair_value": 0.317346, "relative_strength": 2.549912, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.831783, "energy": 39.119016, "activity_lines": [ 0.283333, 0.277236, 0.277505, 0.273916 ] }, { "date": "2025-03-14", "close": 0.34, "volume": 2474808, "typical_volume": 436804.85, "trend": 0.271433, "fair_value": 0.317122, "relative_strength": 20.807551, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.52233, "energy": 73.074605, "activity_lines": [ 0.302667, 0.289145, 0.283586, 0.278555 ] }, { "date": "2025-03-21", "close": 0.305, "volume": 630610, "typical_volume": 464279.55, "trend": 0.2736, "fair_value": 0.316673, "relative_strength": 8.328744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.756089, "energy": 64.311641, "activity_lines": [ 0.306667, 0.2936, 0.286014, 0.28072 ] }, { "date": "2025-03-28", "close": 0.285, "volume": 508456, "typical_volume": 452421.05, "trend": 0.274767, "fair_value": 0.316224, "relative_strength": 1.349057, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.961567, "energy": 54.296547, "activity_lines": [ 0.302, 0.293964, 0.286348, 0.281456 ] }, { "date": "2025-04-04", "close": 0.275, "volume": 155755, "typical_volume": 396182.1, "trend": 0.2751, "fair_value": 0.315647, "relative_strength": 5.400101, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.706361, "energy": 29.536495, "activity_lines": [ 0.293333, 0.292, 0.28561, 0.281471 ] }, { "date": "2025-04-11", "close": 0.275, "volume": 125096, "typical_volume": 379474.85, "trend": 0.275267, "fair_value": 0.315038, "relative_strength": 6.831145, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.476549, "energy": 14.032081, "activity_lines": [ 0.285333, 0.289636, 0.2848, 0.281465 ] }, { "date": "2025-04-18", "close": 0.29, "volume": 343541, "typical_volume": 385538.3, "trend": 0.275933, "fair_value": 0.314526, "relative_strength": 8.485729, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.511835, "energy": 18.521672, "activity_lines": [ 0.283333, 0.289818, 0.285443, 0.282415 ] }, { "date": "2025-04-25", "close": 0.305, "volume": 1236850, "typical_volume": 429743.3, "trend": 0.277767, "fair_value": 0.314205, "relative_strength": 12.122198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.702586, "energy": 18.491703, "activity_lines": [ 0.289667, 0.292636, 0.287467, 0.28429 ] }, { "date": "2025-05-02", "close": 0.295, "volume": 319297, "typical_volume": 428156.55, "trend": 0.279433, "fair_value": 0.313885, "relative_strength": 6.224053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.311899, "energy": 16.116204, "activity_lines": [ 0.292667, 0.293091, 0.288443, 0.285402 ] }, { "date": "2025-05-09", "close": 0.31, "volume": 635314, "typical_volume": 455469.65, "trend": 0.2816, "fair_value": 0.313756, "relative_strength": 12.242439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.339737, "energy": 38.014112, "activity_lines": [ 0.3, 0.295909, 0.290824, 0.287374 ] }, { "date": "2025-05-16", "close": 0.305, "volume": 359205, "typical_volume": 471791.1, "trend": 0.2836, "fair_value": 0.313468, "relative_strength": 8.699147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.459131, "energy": 42.75365, "activity_lines": [ 0.303333, 0.297364, 0.292633, 0.288884 ] }, { "date": "2025-05-23", "close": 0.285, "volume": 292150, "typical_volume": 474637.2, "trend": 0.284, "fair_value": 0.312859, "relative_strength": 1.132182, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.061615, "energy": 24.957534, "activity_lines": [ 0.298, 0.294909, 0.29249, 0.288974 ] }, { "date": "2025-05-30", "close": 0.29, "volume": 162105, "typical_volume": 480218.65, "trend": 0.284833, "fair_value": 0.312282, "relative_strength": 2.168605, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.68259, "energy": 20.056939, "activity_lines": [ 0.294667, 0.294364, 0.2928, 0.289361 ] }, { "date": "2025-06-06", "close": 0.292, "volume": 183114, "typical_volume": 481298.7, "trend": 0.2859, "fair_value": 0.31159, "relative_strength": 2.019432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.611134, "energy": 13.134514, "activity_lines": [ 0.293, 0.294455, 0.293252, 0.289824 ] }, { "date": "2025-06-13", "close": 0.305, "volume": 292357, "typical_volume": 475453.5, "trend": 0.2874, "fair_value": 0.311205, "relative_strength": 6.209157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.224113, "energy": 16.834355, "activity_lines": [ 0.295867, 0.296782, 0.294776, 0.291056 ] }, { "date": "2025-06-20", "close": 0.295, "volume": 58483, "typical_volume": 466731.85, "trend": 0.2879, "fair_value": 0.310692, "relative_strength": 3.414959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.343521, "energy": 14.508312, "activity_lines": [ 0.295733, 0.296745, 0.2951, 0.291546 ] }, { "date": "2025-06-27", "close": 0.29, "volume": 227159, "typical_volume": 454194.05, "trend": 0.288233, "fair_value": 0.310179, "relative_strength": 1.257258, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.144178, "energy": 12.442458, "activity_lines": [ 0.2946, 0.295436, 0.294805, 0.291682 ] }, { "date": "2025-07-04", "close": 0.275, "volume": 411340, "typical_volume": 462533.0, "trend": 0.2879, "fair_value": 0.309699, "relative_strength": -4.301383, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.887581, "energy": 6.653331, "activity_lines": [ 0.288133, 0.2914, 0.293057, 0.290828 ] }, { "date": "2025-07-11", "close": 0.26, "volume": 277482, "typical_volume": 462889.95, "trend": 0.2869, "fair_value": 0.309282, "relative_strength": -10.685386, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.252756, "energy": 36.017544, "activity_lines": [ 0.277667, 0.285182, 0.289881, 0.289028 ] }, { "date": "2025-07-18", "close": 0.305, "volume": 930047, "typical_volume": 492307.1, "trend": 0.2874, "fair_value": 0.309186, "relative_strength": 3.865523, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.26738, "energy": 12.459911, "activity_lines": [ 0.284333, 0.287782, 0.291062, 0.290196 ] }, { "date": "2025-07-25", "close": 0.31, "volume": 176670, "typical_volume": 489991.95, "trend": 0.2879, "fair_value": 0.309199, "relative_strength": 3.777245, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.840834, "energy": 17.546188, "activity_lines": [ 0.292667, 0.291382, 0.292624, 0.291654 ] }, { "date": "2025-08-01", "close": 0.285, "volume": 424592, "typical_volume": 387481.15, "trend": 0.288067, "fair_value": 0.309135, "relative_strength": -4.164344, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.817874, "energy": 7.646432, "activity_lines": [ 0.291667, 0.290345, 0.29171, 0.291467 ] }, { "date": "2025-08-08", "close": 0.248, "volume": 1235126, "typical_volume": 417706.95, "trend": 0.287, "fair_value": 0.308673, "relative_strength": -16.751287, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.91551, "energy": 16.951578, "activity_lines": [ 0.278667, 0.282582, 0.287533, 0.288882 ] }, { "date": "2025-08-15", "close": 0.23, "volume": 883901, "typical_volume": 436479.2, "trend": 0.2861, "fair_value": 0.308109, "relative_strength": -22.99079, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.58135, "energy": 59.421863, "activity_lines": [ 0.261467, 0.272309, 0.281914, 0.285204 ] }, { "date": "2025-08-22", "close": 0.23, "volume": 269286, "typical_volume": 442155.75, "trend": 0.285333, "fair_value": 0.307513, "relative_strength": -24.313928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.918355, "energy": 73.812598, "activity_lines": [ 0.246267, 0.263164, 0.276557, 0.281585 ] }, { "date": "2025-08-29", "close": 0.235, "volume": 120881, "typical_volume": 441945.0, "trend": 0.284333, "fair_value": 0.307032, "relative_strength": -21.341876, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.343744, "energy": 75.666854, "activity_lines": [ 0.237733, 0.256291, 0.27189, 0.278338 ] }, { "date": "2025-09-05", "close": 0.242, "volume": 84181, "typical_volume": 428977.0, "trend": 0.2829, "fair_value": 0.306628, "relative_strength": -18.889684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.695527, "energy": 72.677524, "activity_lines": [ 0.236533, 0.251782, 0.268081, 0.275606 ] }, { "date": "2025-09-12", "close": 0.225, "volume": 425955, "typical_volume": 388432.25, "trend": 0.281233, "fair_value": 0.306212, "relative_strength": -24.822839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.370332, "energy": 71.183964, "activity_lines": [ 0.232533, 0.245055, 0.262881, 0.271871 ] }, { "date": "2025-09-19", "close": 0.222, "volume": 408114, "typical_volume": 392873.1, "trend": 0.279467, "fair_value": 0.305679, "relative_strength": -24.89858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.979632, "energy": 57.716746, "activity_lines": [ 0.229067, 0.238691, 0.257776, 0.268049 ] }, { "date": "2025-09-26", "close": 0.215, "volume": 373931, "typical_volume": 379803.95, "trend": 0.277133, "fair_value": 0.305135, "relative_strength": -27.500632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.387145, "energy": 51.886772, "activity_lines": [ 0.2238, 0.231745, 0.252352, 0.26389 ] }, { "date": "2025-10-03", "close": 0.205, "volume": 221429, "typical_volume": 372915.15, "trend": 0.2743, "fair_value": 0.304397, "relative_strength": -32.049853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.72353, "energy": 63.734049, "activity_lines": [ 0.2162, 0.224618, 0.246429, 0.259237 ] }, { "date": "2025-10-10", "close": 0.23, "volume": 1042782, "typical_volume": 410446.75, "trend": 0.270633, "fair_value": 0.303821, "relative_strength": -23.001033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.120321, "energy": 46.642486, "activity_lines": [ 0.218933, 0.223945, 0.243362, 0.256378 ] }, { "date": "2025-10-17", "close": 0.217, "volume": 198619, "typical_volume": 412272.45, "trend": 0.2677, "fair_value": 0.303064, "relative_strength": -26.51427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.156011, "energy": 46.930323, "activity_lines": [ 0.218133, 0.221909, 0.239319, 0.252918 ] }, { "date": "2025-10-24", "close": 0.225, "volume": 259789, "typical_volume": 416106.2, "trend": 0.2657, "fair_value": 0.302359, "relative_strength": -25.661441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.966913, "energy": 39.495053, "activity_lines": [ 0.220533, 0.221891, 0.236386, 0.250163 ] }, { "date": "2025-10-31", "close": 0.22, "volume": 82261, "typical_volume": 405601.4, "trend": 0.263867, "fair_value": 0.301622, "relative_strength": -27.415255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.420153, "energy": 31.099343, "activity_lines": [ 0.221067, 0.221055, 0.233295, 0.247215 ] }, { "date": "2025-11-07", "close": 0.215, "volume": 177357, "typical_volume": 411545.1, "trend": 0.261867, "fair_value": 0.300756, "relative_strength": -28.36889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.105678, "energy": 38.553537, "activity_lines": [ 0.2196, 0.219491, 0.230133, 0.244062 ] }, { "date": "2025-11-14", "close": 0.215, "volume": 41560, "typical_volume": 402265.15, "trend": 0.259367, "fair_value": 0.299827, "relative_strength": -28.035796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.610501, "energy": 42.413582, "activity_lines": [ 0.217467, 0.218291, 0.227352, 0.241039 ] }, { "date": "2025-11-21", "close": 0.205, "volume": 131090, "typical_volume": 388252.65, "trend": 0.256033, "fair_value": 0.298833, "relative_strength": -29.697235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.13633, "energy": 59.288681, "activity_lines": [ 0.213, 0.215764, 0.223976, 0.237531 ] }, { "date": "2025-11-28", "close": 0.217, "volume": 584075, "typical_volume": 403582.3, "trend": 0.253433, "fair_value": 0.298109, "relative_strength": -26.435593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.675762, "energy": 43.213746, "activity_lines": [ 0.213333, 0.215782, 0.222076, 0.235013 ] }, { "date": "2025-12-05", "close": 0.203, "volume": 304532, "typical_volume": 372306.55, "trend": 0.249867, "fair_value": 0.297295, "relative_strength": -30.212514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.669516, "energy": 44.872183, "activity_lines": [ 0.209533, 0.213345, 0.219048, 0.231759 ] }, { "date": "2025-12-12", "close": 0.205, "volume": 272193, "typical_volume": 377082.7, "trend": 0.246533, "fair_value": 0.296526, "relative_strength": -28.770145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.782381, "energy": 44.281723, "activity_lines": [ 0.207533, 0.211491, 0.216695, 0.228865 ] }, { "date": "2025-12-19", "close": 0.2, "volume": 275856, "typical_volume": 369645.9, "trend": 0.2437, "fair_value": 0.295821, "relative_strength": -31.56039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.085632, "energy": 44.578457, "activity_lines": [ 0.204533, 0.208727, 0.214367, 0.225862 ] }, { "date": "2025-12-26", "close": 0.2, "volume": 73534, "typical_volume": 311566.3, "trend": 0.2407, "fair_value": 0.295147, "relative_strength": -30.655538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.135401, "energy": 45.216983, "activity_lines": [ 0.202533, 0.206509, 0.212443, 0.223043 ] }, { "date": "2026-01-02", "close": 0.2, "volume": 157906, "typical_volume": 275266.55, "trend": 0.237633, "fair_value": 0.294506, "relative_strength": -30.578502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.359199, "energy": 42.122789, "activity_lines": [ 0.200867, 0.2046, 0.210748, 0.220417 ] }, { "date": "2026-01-09", "close": 0.2, "volume": 465451, "typical_volume": 285074.8, "trend": 0.234133, "fair_value": 0.293833, "relative_strength": -31.11881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.564852, "energy": 43.138221, "activity_lines": [ 0.200333, 0.203145, 0.209195, 0.217989 ] }, { "date": "2026-01-16", "close": 0.2, "volume": 113861, "typical_volume": 284723.8, "trend": 0.230967, "fair_value": 0.29316, "relative_strength": -31.372463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.151185, "energy": 38.918597, "activity_lines": [ 0.2, 0.202055, 0.207786, 0.215787 ] }, { "date": "2026-01-23", "close": 0.2, "volume": 258259, "typical_volume": 293427.7, "trend": 0.227967, "fair_value": 0.292423, "relative_strength": -30.27795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.112849, "energy": 34.938999, "activity_lines": [ 0.2, 0.201236, 0.206543, 0.213789 ] }, { "date": "2026-01-30", "close": 0.2, "volume": 200510, "typical_volume": 282155.45, "trend": 0.225467, "fair_value": 0.291846, "relative_strength": -30.303422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.089251, "energy": 31.176212, "activity_lines": [ 0.2, 0.200691, 0.2055, 0.211985 ] }, { "date": "2026-02-06", "close": 0.205, "volume": 192648, "typical_volume": 271382.15, "trend": 0.223633, "fair_value": 0.291013, "relative_strength": -28.936535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.374701, "energy": 23.419135, "activity_lines": [ 0.201667, 0.201145, 0.205052, 0.210665 ] }, { "date": "2026-02-13", "close": 0.205, "volume": 122453, "typical_volume": 258808.25, "trend": 0.2203, "fair_value": 0.289904, "relative_strength": -28.874113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.348799, "energy": 18.73733, "activity_lines": [ 0.203, 0.201818, 0.204686, 0.209462 ] }, { "date": "2026-02-20", "close": 0.215, "volume": 159951, "typical_volume": 255734.35, "trend": 0.217133, "fair_value": 0.288622, "relative_strength": -26.486879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.424756, "energy": 10.715407, "activity_lines": [ 0.207333, 0.204273, 0.205319, 0.20912 ] }, { "date": "2026-02-27", "close": 0.22, "volume": 84656, "typical_volume": 207828.05, "trend": 0.214967, "fair_value": 0.2875, "relative_strength": -25.683124, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.426784, "energy": 11.416981, "activity_lines": [ 0.212333, 0.207455, 0.206381, 0.209305 ] }, { "date": "2026-03-06", "close": 0.22, "volume": 32550, "typical_volume": 199524.6, "trend": 0.214033, "fair_value": 0.286538, "relative_strength": -20.483736, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.818787, "energy": 22.235455, "activity_lines": [ 0.216, 0.210273, 0.20749, 0.20963 ] }, { "date": "2026-03-13", "close": 0.22, "volume": 103553, "typical_volume": 191712.8, "trend": 0.2137, "fair_value": 0.285474, "relative_strength": -19.265052, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.509372, "energy": 29.013036, "activity_lines": [ 0.218333, 0.212727, 0.208586, 0.210015 ] }, { "date": "2026-03-20", "close": 0.215, "volume": 199687, "typical_volume": 197584.1, "trend": 0.2132, "fair_value": 0.284481, "relative_strength": -17.56049, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.341391, "energy": 29.633766, "activity_lines": [ 0.218, 0.213909, 0.209229, 0.210099 ] }, { "date": "2026-03-27", "close": 0.195, "volume": 182849, "typical_volume": 197858.7, "trend": 0.211867, "fair_value": 0.283359, "relative_strength": -24.863991, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -35.343022, "energy": 15.031366, "activity_lines": [ 0.210333, 0.211182, 0.20799, 0.208925 ] }, { "date": "2026-04-03", "close": 0.18, "volume": 414609, "typical_volume": 216511.15, "trend": 0.2098, "fair_value": 0.282141, "relative_strength": -32.922951, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.516479, "energy": 31.094865, "activity_lines": [ 0.199, 0.205818, 0.205419, 0.206869 ] }, { "date": "2026-04-10", "close": 0.19, "volume": 302664, "typical_volume": 225089.85, "trend": 0.208633, "fair_value": 0.280923, "relative_strength": -29.416572, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.636879, "energy": 38.129118, "activity_lines": [ 0.193667, 0.202636, 0.203967, 0.205591 ] }, { "date": "2026-04-17", "close": 0.182, "volume": 466703, "typical_volume": 219221.25, "trend": 0.2073, "fair_value": 0.279622, "relative_strength": -31.886252, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.54395, "energy": 56.871626, "activity_lines": [ 0.187667, 0.198182, 0.201824, 0.203873 ] }, { "date": "2026-04-24", "close": 0.18, "volume": 35903, "typical_volume": 205789.8, "trend": 0.206133, "fair_value": 0.278372, "relative_strength": -29.742719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.068634, "energy": 66.000354, "activity_lines": [ 0.183533, 0.193782, 0.199657, 0.202112 ] }, { "date": "2026-05-01", "close": 0.18, "volume": 68038, "typical_volume": 195582.05, "trend": 0.2053, "fair_value": 0.276929, "relative_strength": -28.6982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.635016, "energy": 60.763797, "activity_lines": [ 0.181733, 0.189836, 0.1976, 0.200426 ] }, { "date": "2026-05-08", "close": 0.18, "volume": 223937, "typical_volume": 192986.1, "trend": 0.203633, "fair_value": 0.275487, "relative_strength": -26.70783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.982985, "energy": 52.497424, "activity_lines": [ 0.180933, 0.186527, 0.195662, 0.198794 ] }, { "date": "2026-05-15", "close": 0.2, "volume": 276146, "typical_volume": 203116.7, "trend": 0.203067, "fair_value": 0.274301, "relative_strength": -17.234998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.398682, "energy": 29.411702, "activity_lines": [ 0.1868, 0.187582, 0.195724, 0.198559 ] }, { "date": "2026-05-22", "close": 0.225, "volume": 605952, "typical_volume": 225519.0, "trend": 0.203067, "fair_value": 0.273372, "relative_strength": -8.468066, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.647457, "energy": 9.574442, "activity_lines": [ 0.200333, 0.193545, 0.198167, 0.199974 ] }, { "date": "2026-05-29", "close": 0.235, "volume": 579505, "typical_volume": 231221.7, "trend": 0.203567, "fair_value": 0.272506, "relative_strength": -3.044324, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 17.626568, "energy": 23.138895, "activity_lines": [ 0.214333, 0.201236, 0.201443, 0.202034 ] }, { "date": "2026-06-05", "close": 0.235, "volume": 330709, "typical_volume": 242064.1, "trend": 0.204233, "fair_value": 0.271756, "relative_strength": -1.817854, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.76694, "energy": 37.572306, "activity_lines": [ 0.224667, 0.208564, 0.204552, 0.204062 ] }, { "date": "2026-06-12", "close": 0.26, "volume": 482334, "typical_volume": 253267.85, "trend": 0.205733, "fair_value": 0.270827, "relative_strength": 8.422329, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 77.549325, "energy": 75.440094, "activity_lines": [ 0.239667, 0.219709, 0.209876, 0.20766 ] }, { "date": "2026-06-19", "close": 0.255, "volume": 67270, "typical_volume": 246605.85, "trend": 0.2074, "fair_value": 0.270026, "relative_strength": 8.269074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.062749, "energy": 75.71448, "activity_lines": [ 0.247667, 0.228491, 0.214438, 0.210839 ] }, { "date": "2026-06-26", "close": 0.265, "volume": 23154, "typical_volume": 238131.15, "trend": 0.209, "fair_value": 0.269385, "relative_strength": 11.697062, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.253792, "energy": 78.721539, "activity_lines": [ 0.255333, 0.237909, 0.21969, 0.214555 ] }, { "date": "2026-07-03", "close": 0.28, "volume": 143503, "typical_volume": 239183.65, "trend": 0.211567, "fair_value": 0.26884, "relative_strength": 16.621337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.664267, "energy": 83.778607, "activity_lines": [ 0.265333, 0.248545, 0.226086, 0.219135 ] }, { "date": "2026-07-10", "close": 0.28, "volume": 51965, "typical_volume": 233784.35, "trend": 0.214067, "fair_value": 0.268295, "relative_strength": 18.884593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.251622, "energy": 81.320081, "activity_lines": [ 0.272333, 0.257364, 0.232124, 0.223551 ] }, { "date": "2026-07-17", "close": 0.28, "volume": 307179, "typical_volume": 244910.5, "trend": 0.216733, "fair_value": 0.267686, "relative_strength": 18.490477, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.937924, "energy": 74.814792, "activity_lines": [ 0.276333, 0.264364, 0.237852, 0.227804 ] }, { "date": "2026-07-24", "close": 0.295, "volume": 334515, "typical_volume": 260008.75, "trend": 0.2199, "fair_value": 0.267173, "relative_strength": 23.955581, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.557775, "energy": 72.956924, "activity_lines": [ 0.284, 0.272273, 0.244724, 0.232854 ] }, { "date": "2026-07-31", "close": 0.295, "volume": 126531, "typical_volume": 261157.65, "trend": 0.223067, "fair_value": 0.26666, "relative_strength": 22.907946, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.890185, "energy": 58.729364, "activity_lines": [ 0.289, 0.278455, 0.251238, 0.237699 ] }, { "date": "2026-08-07", "close": 0.29, "volume": 406258, "typical_volume": 271486.2, "trend": 0.226067, "fair_value": 0.266147, "relative_strength": 20.528562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.732505, "energy": 53.357341, "activity_lines": [ 0.290333, 0.282455, 0.256919, 0.242017 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }